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Module 11 Contempo
Module 11 Contempo
Module 11 Contempo
As a nation we have the right to decide our own affairs, to mould our own future. This
does not pose any danger to anybody. Our nation is fully aware of the responsibility for
its own fate in the complicated situation of the contemporary world.
Lech Walesa
Republic of the Philippines
AURORA STATE COLLEGE OF TECHNOLOGY
Baler, Aurora
MODULE 11 GLOBAL POPULATION AND MOBILITY
“To save the world and protect tomorrow, we have to control the population today.”
Anonymous
DISCUSSION:
WHY STUDY GLOBAL CITIES?
1. Globalization is spatial.
a. It is spatial because it occurs in physical spaces. You can see it when foreign investments
and capital move through a city and companies build skyscrapers. People working in these
businesses – or Filipinos working abroad – start to purchase or rent high-rise condominium
units and better homes. As all these events happen, more poor people are driven out of city
centers to make new developments.
b. It is spatial because what makes it move is that it is based in places. Los Angeles, the home
of Hollywood, is where movies are made of global consumption. The main headquarters of
Sony is in Tokyo, and from there, the company coordinates the sale of its various electronics
goods to branches across the world. In other words, cities act on globalization, and
globalization acts on cities. They are the sites and the mediums of globalization just as the
internet enables and shapes global forces, so doo cities.
❖ The amount of money traded in these markets is staggering. The value of shares traded in
the NYSE, for example, is $19 300 billion, while that of the shares in the Philippine Stock
Exchange is only $213.3 billion
Republic of the Philippines
AURORA STATE COLLEGE OF TECHNOLOGY
Baler, Aurora
❖ Though it is not as wealthy as New York, movie-making mecca Los Angeles can now
rival the Big Apple’s cultural influence. San Francisco must now factor in as another global
city because it is the home of the most powerful internet companies – Facebook, Twitter, and
Google.
❖ Moreover, the growth of the Chinese economy has turned cities like Shanghai, Beijing,
and Guangzhou into centers of trade and finance. The Chinese government reopened the
Shanghai Stock Exchange in late 1990, and since then, it has grown to become the fifth-
largest stock market in the world.
❖ Also called the world city or sometimes alpha city or world center. It is a city that is the
primary node in the global economic network.
❖ Others consider some cities “global” simply because they are great places to live in. In
Australia, Sydney commands the greatest proportion of capital. However, Melbourne is
described as Sydney’s rival “global city” because many magazines and lists have now
referred to it as the world’s most livable city – a place with good public transportation, a
thriving cultural scene, and a relatively easy pace of life.
ASSESSMENT TASK:
Choose five cities categorized as global cities all over the world. For these global cities,
research the presence of the characteristics mentioned (i.e. New York – Presence of
international financial institutions such as New York Stock exchange). Write those which
are not yet named above. Provide the information below:
Global Cities Characteristics